Settling the Thirteen Colonies

Chapter 2Settling the Thirteen ColoniesReasons the English CamePersonal profitCompetition with SpainCorporate profit: raw materials generate wealthChance to own landJobs! Jobs! Jobs!Get away from strict political rules of the kingReligious freedomAdventure!

Difficulties of ColonizationCost of voyageSurviving the voyageHungerSicknessNo organized governmentSuppliesNative AmericansFinancial Support & Colony OrganizationExpensive and not easyRiskySome (including Sir Walter Raleigh) lost everything; wealthy reluctantEnglish investors created joint-stock companiesPool money to create companyshares of stockIf failed, only lost amount you put in.Best known joint-stock company: Virginia Companycreated to get metals, minerals, & medicines from New World. Company controlled two groups, one of which (London group) financed Jamestown.ChartersCharter: a document containing rules about where the colony can be located and how it would be managed.Charters were the permission slip of kings.Colonies founded in this manner were called Charter Colonies...yes, a creative name indeed.Proprietary Coloniesproprietary means branded or privateColonies gifted to individuals or groups by the king.Could be governed however the individuals or groups wanted.

Royal ColoniesDirectly owned and controlled by the king.